Discover credit cards represent one of the most popular payment methods in North America. In terms of representation, they are right behind the likes of Visa, MasterCard, and American Express.
If you are curious to find out what the benefits of using a Discover credit card are, you should check out our review — it will cover the pros and cons of this form of payment. It will also let you know about sportsbooks that support this method and tell you where you can bet using your Discover credit card.
Discover is one of the most reputable credit card brands issued primarily in the United States. It has around 105 million cardholders around the globe and all of their transactions are processed through their Discover Network.
When it was first introduced to the US market, it included no annual fee while offering a higher credit limit, which brought a lot of popularity to the brand. Discover has the highest acceptance rate among US retailers and more than 30 issuers.
Discover is an internationally recognized payment method, which is one of the main reasons why you should use it. Even though it is not the most popular method of payment on the North American continent, it is the most widely accepted credit card in the world.
The reason for that is the agreement between other payment networks that fall under the Discover Network umbrella. Those include some reputable names, such as Diners Club International, BC Card in South Korea, RuPay in India, Verve in Nigeria, UnionPay in China, JCB in Japan, and TROY in Turkey.
Another great perk of Discover credit cards is that there is no annual fee. Plus, the cards come with a chargeback potential — depending on the amount you spent, you might be reimbursed in certain situations.
Depositing with Discover is as easy as it is with any other depositing method. If you are unfamiliar with the process, you should follow these few simple steps below, and you will deposit funds using your Discover credit card in no time.
Similar to depositing, the process of withdrawing funds to your account is straightforward and it includes only a few simple steps.
Keep in mind that while Discover doesn’t charge a fee for using their credit cards, some merchants might.
Discover credit cards are relatively popular on the North American continent. Therefore, many reputable sportsbooks allow bettors to place bets using Discover as a payment method. Some of the websites that you can use are Bovada, BetOnline, JustBet, WagerWeb, 5Dimer, SportsInteraction, BetPhoenix and many, many more.
One of the disadvantages of using Discover is its limited availability. Even though the payment method is popular and widely accepted, there are still a lot of sportsbooks that do not support it.
The second disadvantage would be yearly interest rates. If you happen to use some of the services offered by Discover and borrow money, you will be looking at an 11.24% to 23.24% APR, depending on the type of credit card you are using.
Discover has fantastic customer support, and you can contact them via email or phone to ask about anything regarding their services. You can also open an account over the phone, discover their student deposit programs, or contact them if you need to verify your identity or you need help with online banking. For specific information, you should check out their official website where you can find the phone numbers and emails for contacting their customer support team.
How long does it take to receive money using Discover?
Depending on the method used, it can take anywhere from 7 up to 14 days.
Does it cost more money if I make a large deposit?
Depending on the credit card, you will pay a 0-3% fee for each balance transfer. The percentage stays the same regardless of the sum you are depositing, which means that you will be spending more money on large deposits.
Can I use Discover outside of Canada?
Yes, Discover credit cards are supported across the globe.
Who benefits most from using Discover?
Both the merchant and the user benefit from using Discover.
Which banks is Discover available through?
That depends on your country of residence. Check out their official website to see which banks are supported in your country.
Do I have to open an account with Discover to use their services?
No, you do not.
Are transactions via Discover protected?
Yes. Discover uses the highest level of encryption to protect your information and secure every transaction.
Can I reverse a transaction using Discover?
Yes, you can. For more information, contact their customer support.